Luke Newby, of Red Property, said the building had been held in the same hands for three decades and offered flexible living and investment opportunities.

The apartments are light and airy and ripe for renovation.

On the top floor there was a three-bedroom apartment with its own private rooftop terrace and lovely views, while the three other apartments consist of a two-bedroom unit, a one-bedroom unit plus study, and a one-bedder.

The rooftop terrace.

There were also three lockup garages and a deck above the garages. In all, there are seven bedrooms, five bathrooms and parking for three cars. Each of the units has a view of the lagoon.

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